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value of one's own home (home equity) is the largest financial reserve in a household's wealth portfolio, it is important to …
Persistent link: https://www.econbiz.de/10011725446
We use data from the Luxembourg Income Study in order to quantify the economy-wide monetary gains achieved by household …-size economies due to within-household sharing of goods by individuals living in multimember households. In most countries out of the … twenty countries we examine, we observe a decline in monetary gains achieved by household-size economies over time. This …
Persistent link: https://www.econbiz.de/10010335538
measure the fuel poverty extent. Second, we implement a multivariate statistical approach to untangle the fuel poor household …
Persistent link: https://www.econbiz.de/10012389665
Using cross-sections of microdata from Surveys of Consumer Finance and Surveys of Labour and Income Dynamics, we document changes in the availability of time and money in Canadian two-parent families between 1971 and 2006 as the paid work hours of mothers have increased. While long hours of paid...
Persistent link: https://www.econbiz.de/10010335565
Purchasing power adjusted incomes applied in cross-country comparisons are measured with bias. In this paper, we estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected real incomes. The bias is substantial and systematic: the poorer is a country, the...
Persistent link: https://www.econbiz.de/10010335574
A key aspect defining the contemporary income distribution is the (increasing) share the top holds compared to the rest. This paper shows that income concentration increases towards the very top of the distribution, while the shares the middle- and upper-middle-income groups hold remain stable...
Persistent link: https://www.econbiz.de/10011725481
Germany, Italy, the UK, Denmark, the US, and Taiwan. We divide household including elderly into five types: living alone …
Persistent link: https://www.econbiz.de/10010335344
This brief chapter introduces researchers to the possibilities for subnational research using the harmonized data sets made available via the Luxembourg Income Study (LIS) (www.lisproject.org). We first offer a brief overview of the LIS and discuss specific challenges for subnational research...
Persistent link: https://www.econbiz.de/10010335354
We present a markovian homogeneous model that mimics the evolution of household income. With three parameters only, the …
Persistent link: https://www.econbiz.de/10010335366
of individual earnings, inequality of market household incomes, redistribution, and other factors influence the …
Persistent link: https://www.econbiz.de/10010335426